Program Description


Option 12: Customized Allocation Annual Asset-Based Fee Calculator

Use this chart to estimate the fees associated with accounts in Option 12, Customized Allocation. To determine the fees for accounts in Options 1-11 see the UESP Asset Fee Structure Table.

Underlying Investments
Percent Allocated to Each Fund
Underlying Expense Ratios
Estimated Expense Ratio by Fund
PTIF
%
 x 
0.00%
FDIC-Insured Savings
%
 x 
0.00%
V
A
N
G
U
A
R
D
 Total Bond Mkt. Index Fund
%
 x 
0.05%
Inst. Index Fund
%
 x 
0.025%
Mid-Cap Index Fund
%
 x 
0.08%
Small-Cap Index Fund
%
 x 
0.08%
Intl. Growth Fund
%
 x 
0.34%
Intl. Value Fund
%
 x 
0.45%
Total Stock Mkt. Index Fund
%
 x 
0.06%
Developed Mkt. Index Fund
%
 x 
0.08%
 
Total (Must Equal 100%)
    
Estimated Subtotal
UESP Administrative Asset Fee +
Estimated Customized Allocation Total Annual Asset-Based Fee =

Annual Maintenance Fee

The Administrative Maintenance fee is an annual fee of $3.00 per $1,000 of an account balance and is capped at $15. This fee is waived for Utah residents. UESP also waives this fee for non-Utah residents who choose to view their quarterly account statements online rather than receive them in the mail.

© 2010 Utah Educational Savings Plan, all rights reserved.
The terms Utah Educational Savings Plan and UESP are registered service marks.

Investors should read the Program Description and consider all investment objectives, risks, charges, and expenses before investing. The Program Description is available for download on the Web or a hard copy can be mailed to you by requesting it online from this Web site.

FDIC Insurance. Except for the underlying investment specified below, investments in UESP are not insured by the Federal Deposit Insurance Corporation (FDIC). FDIC insurance is provided for the FDIC-insured savings account held in trust by UESP at Zions First National Bank (Bank). Funds in the savings account are insured by the FDIC on a pass-through basis to each account owner up to the maximum amount set by federal law—currently $250,000. The amount of FDIC insurance provided to an account owner is based on the total of (1) the value of an account owner’s investment in UESP’s FDIC-insured savings account plus (2) the value of other accounts held (if any) at the Bank, as determined by the Bank and by FDIC regulations.

No Other Insurance and No Guarantees. Investments in UESP are not insured nor guaranteed by the State of Utah, UESP, the Utah State Board of Regents, the Utah Higher Education Assistance Authority, other state agencies, federal government agencies (except to the extent noted above regarding FDIC insurance ), or any employees or directors of any such entities. Units in UESP have not been registered with the United States Securities and Exchange Commission or with any state securities commission.

Account Value. The value of your UESP account may vary depending on market conditions and the performance of the investment option you select. It could be more or less than the amount you contribute; in short, your investment could lose value. However, subject to the application of Bank and FDIC rules and regulations to each account owner, funds in UESP’s FDIC-insured savings account will retain their value, whether in Option 11, or when allocated to portions of Options 2, 3, 7, 8, 9, or 12 (if the FDIC-insured savings account is selected as an underlying investment).

Non-Utah taxpayers and residents: You should determine whether the state in which you or your beneficiary pay taxes or live offers a 529 plan that provides state tax or other benefits not otherwise available to you by investing in UESP. You should consider such state tax treatment and benefits, if any, before investing in UESP.

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